Olmert Proposes Naval Blockade of Iran
This would up the ante in a hurry and drive oil prices way beyond the $135 per barrel we're currently paying. Is this a good idea? I have mixed feelings as to such an idea's efficacy. I understand the desire to put extra pressure on the regime, but I think its unlikely to make them yield. This doesn't even include the high possibility of retaliatory acts and attempts to circumvent such a blockade.
I am coming to conclude we will either have to go all in with regime change which is not practical, or we will relent on their domestic uranium enrichment and threaten the severely if a weapon is ever used. In other words, we will will be returning to deterrence, unfortunately, the cascading effect of proliferation will happen as well.
Welcome to a dangerous new world- the soon to be Golden Age of Proliferation






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